ADCB launches ClimaTech Accelerator 2025
Abu Dhabi Commercial Bank (ADCB) has renewed its strategic partnership with the NilePreneurs Initiative, affiliated with Nile University, to launch the third edition of the ClimaTech Accelerator 2025—a specialized programme designed to support startups and SMEs in the environmental and
Singapore’s Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), met with Vijay Sersi, CEO of Singapore-based Destiny Energy, to discuss the company’s plans to establish a green ammonia production facility in Egypt. Sersi stated that Destiny
Cairo to launch Phase 2 of Egypt-Netherlands applied research programme
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilam, announced that preparations are underway to launch the second phase of the Water-JCAR applied research programme with the Netherlands at the beginning of 2026. The new phase aims to advance innovative
Investment Minister opens 9th Destination Africa with 300 buyers, 90 Egyptian firms
Minister of Investment and Foreign Trade Hassan El-Khatib inaugurated the ninth edition of the Destination Africa exhibition — the leading platform for the textile, ready-made garments, and home furnishings industries across the African continent. This year’s edition features the participation
DALTEX partners in launch of world’s first AI agricultural engineer ‘ORTH’
Aydi has announced that it successfully raised $7.5m in a pre-seed funding round to launch ORTH, the world’s first AI-powered agricultural engineer — marking a groundbreaking step toward bringing agriculture into the era of artificial intelligence and advancing the future
Standard Bank launches Egypt office to boost Africa, Middle East trade
Standard Bank Group, Africa’s largest financial institution by assets, has officially launched a representative office in Egypt to strengthen trade and investment flows between Egypt, Sub-Saharan Africa, and the Middle East. The South Africa-based bank announced the launch at an
CBE receives $1.68bn in bids for USD-denominated T-bills
The Central Bank of Egypt (CBE) received 28 bids totalling $1.677bn for its latest auction of US dollar-denominated treasury bills (T-bills). The CBE had offered $1.5bn in the 363-day bills, scheduled to mature on 10 November 2026. According to data
Egypt, South Africa discuss strengthening cooperation in industry, transport
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held an extensive meeting with South Africa’s Minister of Trade, Industry and Competition Parks Tau and his accompanying delegation to discuss ways to enhance cooperation in
Egypt’s TMG 9-month profit jumps 70% on record SouthMed sales
Talaat Moustafa Group Holding (TMG), Egypt’s largest listed real estate developer, on Wednesday reported a 70% jump in its nine-month consolidated net profit after tax, driven by record real estate sales and strong growth in its hotel and recurring income
Egypt’s ICT sector a government priority, creating 70,000 new jobs, says PM
Egyptian Prime Minister Mostafa Madbouly on Wednesday highlighted the significant growth of the country’s information and communications technology (ICT) sector, which he said is a top government priority due to its role in creating thousands of jobs for youth and